HBC is a diversified global retailer, focused on driving the performance of high quality stores and their all-channel offerings, growing through acquisitions, and unlocking the value of real estate holdings. Founded in 1670, HBC is the oldest company in North America. Our portfolio today includes formats ranging from luxury to premium department stores to off price fashion shopping destinations, with more than 480 stores and over 66,000 employees around the world. Our leading banners across North America and Europe include Hudson?s Bay, Lord & Taylor, Saks Fifth Avenue, Saks OFF 5TH, Galeria Kaufhof, the largest department store group in Germany, and Belgium?s only department store group Galeria INNO. We have significant investments in real estate joint ventures. HBC has partnered with Simon Property Group Inc. in the HBC Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, HBC has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture. A truly global corporate citizen, HBC is committed to responsible business practices to bring about positive change, and we work hard to shape a sustainable future for people and the planet. Our philanthropic initiatives help create healthy families, strong communities, and sport excellence in the cities and countries in which we operate around the world, while striving to create innovative programs and resources that provide flexibility for work-life balance in order to maintain a positive working environment. Major Responsibilities The role of the Buying Director is a new and exciting opportunity to build out our Women's Designer RTW business at Saks Fifth Avenue. The role of the Buying Director is to lead and manage a team of Buyers to develop and execute merchandise strategies to deliver sales and gross margin goals through focused merchandise assortments, marketing and pricing strategies and merchandise management. Role responsibilities include: Merchandising ? Champions vendor relationships and communication. Manages merchandise and marketing strategies to maximize sales and profitability, including directing the product development process and reviewing merchandise selection, assortments and key item development. Open-to-Buy Monitoring ?Leads the development of the open-to buy forecast and ensures that checkbooks are updated in conjunction with the updated, approved Open to Buy. Participates in the bi-monthly forecasting of sales and inventories through the OTB review process. Reviews and authorizes markdown projections and vendor allowance projections. Manages the negotiation and collection of vendor allowance. Financial Planning - Establishes and approves department sales and average stock targets. Approves department level store sales plans. Planning to conduct the Business Review Pricing and Marketing Orchestrates pricing strategy and execution. Supervises and approves all advertising and promotions. Ensures appropriate store signage as required. Purchasing, Allocation, and Replenishment - Champions the replenishment strategy for the Division, and ensures the reserve of appropriate funding for replenished merchandise. People Development Directs organization and staffing, and manages skills training and development for the buying team. Develops and fosters a teamwork atmosphere. Personal Characteristics The successful candidate should be a respected and proven thought leader in Merchandising, and planning with a quantifiable track record of success in delivering results within a large complex organization. He/she must have strong executive presence, business acumen, and the ability to quickly assess a new environment and develop solutions that support the business strategy, critical objectives, and cultural norms. He/she must be creative with a strategic mindset along with the ability to turn concepts into action. He/she must have strong relationship building and influence skills. This role requires a player/coach mentality, capable of thinking strategically as well as rolling up one?s sleeves and getting into the work. The successful candidate will be a change agent who is flexible, resilient, and able to thrive in a dynamic, rapid paced environment. He/she will embody a culture of taking smart risks and innovating to win. Professional Qualifications Extensive retail merchant experience with a minimum of 3 years senior-level responsibility. Proven ability to create and execute a sound business strategy Strong retail math acumen, including elements of markup, margin planning, open to buy, inventory productivity measures (WOS, T/O, GMROI) Ability to build / maintain strong vendor partnerships Educational Credentials University or College degree or commensurate retail experience. Travel Willingness to travel including overseas. Your Life and Career at HBC: Be part of a world-class team; work with an adventurous spirit; think and act like an owner- operator! Exposure to rewarding career advancement opportunities, from retail to supply chain, to digital or corporate. A culture that promotes a healthy, fulfilling work/life balance Benefits package for all eligible full-time employees (including medical, vision and dental). An amazing employee discount Thank you for your interest with HBC. We look forward to reviewing your application. HBC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, HBC complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. HBC welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used. HBC is committed to treating all people in a way that respects their dignity and independence. Should you require any accommodation during the recruitment process or otherwise, please notify us of this when you apply and we will work with you to meet your accessibility needs. Associated topics: compensation, employee, enrollment, hr, human resource, hunter, labor, recruiter, talent management, train
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